The Green Party has announced a detailed plan to implement a revenueneutral carbon tax in Canada.

After releasing an outline of the Green Party's approach to action on climate in 2006 and more detailed climate plans in 2007, the Green Party has now made public greater levels of detail on a fullycosted carbon tax plan.

"By taxing carbon at the rate of $50 per tonne, the Green Party will raise $40 billion for the federal treasury. Three quarters of this revenue will come from business and industry," said party leader Elizabeth May. "This will enable us to provide tax relief to Canadians by cutting income and payroll taxes, bringing in income splitting, increasing support to low-income and rural families and helping students with crippling student loans.

After decades of being told that global warming was occurring, even the most recalcitrant politicians and business leaders have been forced to accept the reality. Now we must all accept the reality that the tipping point, the point at which it will be too late to fix, is near indeed.